PPT-Five Forces Industry Analysis

Nicole Fiamingo 1 Five Forces Industry Analysis Description amp Purpose Developed by Michael Porter Provides an understanding of an industry and its participants Used as a means to decrease the gap between a firms external environment and its internal resources. CHAPTER 2. The External Environment: Opportunities, Threats, Industry Competition, & Competitor Analysis. . . . THE STRATEGIC MANAGEMENT PROCESS. . . . . . . . KNOWLEDGE OBJECTIVES. I. Factors Affecting Rivalry Among Existing Competitors (A-1). Oligopolistic Market. Major Producers. Acuity Brands and Hubbell. OSRAM Sylvania. Philips Lighting. TCP International. Zumtobel. General Electric. Module Descriptor . Topic. Coverage. Concepts . of Strategy:. Defining strategy, . levels . at which strategy operates; . Approaches . to strategic decision making; and purpose, . objectives . and goals. Analyzing the External Environment. Today. Competitors, Indirect/Direct. Strategic Maps. Key Success Factors (KSF’s). Value Chain Assessment. Porters 5 Forces. Dominant Economic Traits of the Industry. What is it?. What purpose does it serve?. How best can it be useful?. Introduction.   . The model of the Five Competitive Forces was developed by Michael E. . Porter.. Since . that time it has become an important tool for analyzing an organizations industry structure in strategic processes. . Chapter . 2. Copyright © 2010 by John Wiley & Sons, Inc. All Rights Reserved. FORCES AFFECTING. GROWTH AND CHANGE. The changes that are occurring now in the business environment are tremendous. Managers must understand the various forces that are driving these changes and affecting their businesses in order to be effective. Analyzing the External Environment. Today. Competitors, Indirect/Direct. Strategic Maps. Key Success Factors (KSF’s). Value Chain Assessment. Porters 5 Forces. Dominant Economic Traits of the Industry. Opportunities, Threats, Industry Competition . and Competitor Analysis. Diane M. Sullivan, Ph.D., 2015. Sections modified from . Hitt. , Ireland, and . Hoskisson. , . Copyright © 2008 . Cengage. Step 1in the Strategic Management Process. Managers’. Mental Models. Beliefs and. Understandings . about:. Macro . Env. .. Industry . Env. .. Appropriate Size . and Diversity. How to Organize. Decisions about. Business Definition. Mission and Objectives. Business Environment Analysis . Basic Elements of the Strategic Management Process. 2. Strategic Management Model. 3. G. SM Frame work. 4. Environmental Variables. 5. Societal Environment. Economic. . CHAPTER 2. The External Environment: Opportunities, Threats, Industry Competition, & Competitor Analysis. . . . THE STRATEGIC MANAGEMENT PROCESS. . . . . . . . KNOWLEDGE OBJECTIVES. Dr. Mark H. Mortensen. 66.490.211 and 212. Tues &Thurs 2:00 to 3:15. . 3:30 to 4:45. Manning School of Business. Today. Attendance. Discussion on Porter 5 Forces Industry Analysis. Group workshop – create a 5 Forces chart for the industry that includes Starbucks, Dunkin Donuts and McDonalds. Gabriela Cabello. Gabriel Flores. Carly. Pyle. Olivia Garcia. Introduction. The primary task for this chapter is to identify the sources of profit in the external environment. .. Objectives. Be familiar with a number of frameworks used to analyze an organization’s external environment and understand how the structural features of an industry influence competition and profitability.. The Purpose:. Help find profitable investment opportunities. Part of the three-step, top-down plan for valuing individual companies and selecting stocks for a portfolio. Why Do Industry Analysis?. Cross-Sectional Industry Performance .